Posted Tuesday, July 3, 2012 --- 6:30 a.m.
WAUPACA, Wis. (AP) -- A New York private equity firm has completed its purchase of ThyssenKrupp Waupaca.
Financial terms were not disclosed. KPS Capital Partners has renamed the property Waupaca Foundry. The company, with headquarters in Waupaca, employs 3,500 people at three foundries in Waupaca and one in Marinette. It also has plants in Tell City, Ind., and Etowah, Tenn.
The State Journal (http://bit.ly/LO1za0 ) says the iron foundry company serves the automotive, commercial vehicle, agriculture, construction and industrial markets.
Information from: Wisconsin State Journal, http://www.madison.com/wsj
Copyright 2012. The Associated Press.